Regarding validity of loan documents

This concept will differ from banks to banks.

As per limitation act, document will be valid for 3 years.

After  years it has to be renewed.

In some banks they will say, If account is PA, there is no requirement of obtaining documents after  years. When he is depositing money he ll sign the pay slip, so he is agreeing his debts. so obtaining documents after   years is not required for them. So they will renew the documents for NPA accounts only.

In some other banks, NPA means everything over. so they ll think, they dont want torenew docs for them and they ll renew the documents for PA accounts only.

like that it ll differ.

Renewal of docs will be done for every 3 years.

Sir 

document has. No limitation —- limitation began only after account turn to NPA.